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Afrocentric Group and Medscheme bags three awards in one week

03 August 2017 Medscheme
From left to right- Modjadji Tati (Executive Director: Human Capital), Thembekile Madonsela (Manager: EAP and Wellness) and Bronwyn Marais (Wellness Coordinator)

From left to right- Modjadji Tati (Executive Director: Human Capital), Thembekile Madonsela (Manager: EAP and Wellness) and Bronwyn Marais (Wellness Coordinator)

AfroCentric Group and its subsidiary, Medscheme, received three awards when the health and medical aid sector recognised them for efficiency, innovation, member experience and employee wellness in the industry.

At the annual Board of Healthcare Funders’ (BHF) conference in Cape Town, Medscheme was recognised with the Titanium award for Service Excellence in Administration.

AfroCentric Group received the Titanium Award for Excellence in Corporate Social Investment. In Johannesburg, AfroCentric Group received an award for the Best Health and Wellbeing Strategy

The annual Future of HR awards 2017, seeks to motivate South Africa’s most outstanding, inspiring and effective leaders in people management strategies and HR innovation.

AfroCentric Group, listed on the Johannesburg Stocks Exchange, is black-owned, provides health administration and health risk management solutions to the healthcare funding industry.

In addition, AfroCentric provides a range of complementary services to its traditional medical scheme clients as well as a portfolio of healthcare-related enterprises. These services include IT solutions, transactional switching and specialized disease management.

Quick Polls

QUESTION

Healthcare brokers have long complained about inflation-plus medical scheme contribution increases; but pandemic may have changed things. What will pandemic-induced changes in hospital utilisation do to medical scheme contribution increase patterns?

ANSWER

Below inflation increase for 2022, then back to inflation-plus
Long-term trend of below inflation increases
Inflation-linked hikes for 2022, then back to inflation-plus
This is a 2-year hiccup, inflation-plus increase trend remains in place
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